BMW Group and Rimac Technology agree long-term partnership.

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Observe: This press launch is a 1:1 copy of the unique issued
by BMW headquarters in Germany. No diversifications have been made to
cater for the UK market.

Munich / Zagreb. The BMW Group and Rimac Expertise,
headquartered close to Zagreb, Croatia, formally introduced a long-term partnership.

The purpose of the collaboration is to co-develop and co-produce
progressive options within the area of high-voltage battery expertise
for battery-electric autos.

The outcomes are for use within the BMW Group’s future product
vary – in mannequin generations slated for the second half of the 2020s.

The respective strengths and experience of the 2 corporations
complement one another in a productive method. The BMW Group’s
electrification technique is geared toward constructing additional on its main
place within the premium electrical mobility sector. Even earlier than we attain
2030, battery-electric autos will account for over half of world
automobile gross sales. The BMW Group brings battery and electrical drive system
experience amassed over greater than 15 years to the partnership.

As an integral a part of the Rimac Group, Rimac Expertise stands out
as a Tier 1 provider specializing in electrification within the automotive
sector. Its portfolio consists of high-voltage battery packs, e-axles,
in addition to electronics and software program options. Rimac Expertise
merchandise are designed, engineered and produced in-house to supply
superior expertise with a excessive diploma of customization. The long-term
partnership with the BMW Group is an indication of the Rimac Expertise
transition from area of interest high-performance options provider to
high-volume Tier 1 provider. With the relentless development of the
enterprise, together with the opening of the Rimac Campus, Rimac Expertise
is able to ship large-scale tasks on the highest automotive requirements.

The 2 companions will launch extra particulars about what kind the
strategic tie-up will take, in addition to its scope and content material, at a
later stage.

Individually from the brand new strategic cooperation, the BMW Group is
making ready for the introduction of its Neue Klasse vary: The primary
mannequin will have fun its market launch in 2025. The arrival of the
Neue Klasse fashions may even mark the debut of the sixth technology of
BMW eDrive expertise, which can carry one other important leap
ahead in all customer-relevant attributes, resembling vary and
charging time.

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